Reality Shows Results Point To A Brighter Property Outlook | Professionals Real Estate AU |

Reality shows results point to a brighter property outlook

Professionals Real Estate Latest News | South Australia News 3rd July, 2012 No Comments
Adelaide's turn for gains property

Reality shows results point to a brighter property outlook

The Block reality show is a highlight for the Property Market.  Following last year’s results where the total winnings were $225,000 – this year’s total $1,843,000 – that is a difference of $1,618,000 or 79% higher with an average of $466,000 per couple.
There is no doubt the result was reflecting the better consumer confidence out there.  This was further evidenced by RP Data’s statistics released yesterday for the month of June showing capital city home values rose by 1% across Australia.
Although Adelaide showed a -1.1% it is a pleasing result compared to other capital cities over the last 12 months and with activity continuing to trend up it’s looking very positive for the upcoming Spring/Summer sales.